Debevoise Counsel in Project Finance Deal of the Year in Latin America
March 30, 2004
Autopista Central has garnered Euromoney’s prestigious “Best Project Finance Deal in Latin America” award for its $618 million Chilean financing, the largest-ever infrastructure financing in Chile, the largest bond ever issued in UF on the Chilean capital markets, and the first simultaneous issuance by a Chilean project company of bonds backed by financial guaranty insurance in the local and international markets.
Debevoise & Plimpton LLP, which acted as U.S. counsel to MBIA Insurance Corporation on the U.S. side of the deal, helped organize the complex transaction, which was structured without the government guarantees that limited the size of other toll roads. The Debevoise project finance team was led by Ivan Mattei and Craig Bowman and included partner Burt Rosen, associates Roderick Devlin, Elena Millerman, Samuel Pariente, Emile Hsu, Paul Epstein and Amy Ross, foreign intern Jose Luis Ambrosy and legal assistant Alexia Richmond.